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The Twitter’s New Offense Is A Better Strategy for Its Survival

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They taught us in economics that companies have to specialize and build core competencies. They need to do things really well, and be the best possible in the domains. But today, we think that does not make a lot of sense in the digital space.

For technology companies, everyone is doing everything, even at top-level. Alphabet, Google parent company, is a car company, a search company, a medical company, an advertising juggernaut, etc. Amazon.com is an e-commerce firm, a publisher, a movie producer, a drone maker, etc.

Today, Twitter is going after Skype, WhatsApp, etc even as Bluesky and others are coming after it: “Twitter CEO Elon Musk has announced new features that will allow users of the social media platform to make voice and video calls, marking a new entrant in the chat and instant messaging business.”

Elon Musk is playing offense, making it clear that he would not stay here frozen for his blue bird to be attacked and eaten alive. This is the new age: offense is the best defense and no company is safe. Meta (parent of WhatsApp and Facebook) will now have to update a line in its competition sheet, with a new company named Twitter!

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Comment 1: In the tech industry, fierce competition is ubiquitous, and companies are always on the lookout for ways to distinguish themselves. As a result, new entrants are constantly disrupting the market, prompting established players to elevate their game and bring fresh ideas to the table. This perpetual cycle of innovation and adaptation ultimately culminates in users having the final say on which companies emerge victorious.

How China is Changing the Narrative of the Struggle for World Power

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Since the cold war era, the global economy has been highly driven by western capitalism, and the United States of America has been the vanguard of the hegemony and the power dynamics of the increasing globalization. Before the second world-war, Americans such as, John D. Rockefeller, Andrew Carnegie, Cornelius Vanderbilt etc had characterised the American value and work ethic, creating the path for the next generation entrepreneurs to achieve incremental innovation.

However, in recent periods, much has been said about the imminent rupture of the American hegemony and the Western Capitalism largely due to the daunting acceleration of China which has been leading development from the Eastern part of the world. Over the last two decades, China has been seen to continuously demonstrate grit and innovate toward changing the narrative.

According to a 2021 McKinsey report, the global wealth more than tripled in the year 2020 rising to $514trillion from $156trillion in 2000. Over the course of this period, China has significantly advanced its economic strength to displace the US from the top spot worldwide after many years in 2020. The report shows the national balance sheets of ten countries (i.e. USA, China, Germany, France, UK, Japan, Sweden, Mexico, Canada, and Australia) which represent more than 60 percent of the world’s economies were analysed, and China emerged as accounting for almost one-third of the gains in the global net worth over the last 20 years.

‘’As net worth worldwide rose to $514trillion in 2020 from $156trillion in 2000, china wealth plunged to 120 trillion from 7 trillion in 2000 and the US experienced muted increase property prices but almost doubled its net worth to 90 trillion over the same period’’ McKinsey analysis as reported by Bloomberg reveals.

The report goes further to show that in the two biggest economies, USA and China, more than two-thirds of the wealth is concentrated in just 10 percent of the richest households

In another analysis, Yu Minhong, Chairman of New Oriental Education and Technology Group presents his view of the Chinese economic expansion which implies much of the great things that have been witnessed or said about China may represent only an insignificant achievement compared to what have yet to be discovered. According to him:

‘’…the upside is even greater. For the private sector in China only 10 percent of the potential has been tapped into. For thousands of years, businessmen were prevented from doing business. Now they are making up for the lost time with a vengeance, capitalizing on the size and quality of the workforce, China’s lower cost base and huge hunger for industrial consumption.’’

Twitter to Introduce Voice and Video Calls, Encrypted Messaging – Musk

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Twitter CEO Elon Musk has announced new features that will allow users of the social media platform to make voice and video calls, marking a new entrant in the chat and instant messaging business.

Musk, who has been exploring ways to make Twitter better and profitable since he acquired the platform late last year, said the latest changes, which include encrypted message, will come with the latest version of Twitter that will be released on Wednesday.

“With latest version of app, you can DM reply to any message in the thread (not just most recent) and use any emoji reaction.

“Release of encrypted DMs V1.0 should happen tomorrow. This will grow in sophistication rapidly. The acid test is that I could not see your DMs even if there was a gun to my head.

“Coming soon will be voice and video chat from your handle to anyone on this platform, so you can talk to people anywhere in the world without giving them your phone number,” Musk said.

This new feature means that WhatsApp, which dominates the instant messaging industry with more than 2 billion monthly users globally, has a new competitor. Twitter has about 400 million monthly users; a huge number that analysts believe can disrupt the status quo.

Musk said Tuesday that WhatsApp cannot be trusted as allegations mount that the chat app has been spying on users.

Musk has maintained that he bought Twitter mainly to promote free speech by making it the platform that upholds truth and gives everyone uncensored liberty to speak.

“On this platform, unlike the one-way street of broadcast, people are able to interact, critique and refute whatever is said,” Musk said on Wednesday in response to a video posted by Tucker Carlson, which called the mainstream media out for lies, propaganda and manipulations.  Musk added that anything misleading on Twitter will get @CommunityNotes

However, while Twitter users have applauded some of the new features, Musk has acknowledged that the company has been under severe financial strains and was close to bankruptcy – underscoring the need for more revenue generation – especially as newly-made changes sparked mass exodus of advertisers from the platform.

The billionaire has made several changes on Twitter, including the monetization of verification marks that resulted in removal of blue ticks under the legacy verification, to generate more revenue.

One of Musk’s biggest moves so far is the incorporation of Twitter into his everything app dubbed X. An idea he plans to develop by also making Twitter a payment platform.

Microsoft Partners Builder AI to Develop AI-Powered Solutions For Businesses

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Tech giant Microsoft has partnered with Builder.ai, an artificial intelligence-powered software development engine to develop AI-powered solutions for businesses.

The collaboration, which includes an equity investment from Microsoft, is expected to accelerate Builder.ai’s mission to empower businesses globally to build software without requiring any technical expertise.

This will also accelerate the go-to-market growth of Builder.ai platform through deep product connections across the Microsoft product ecosystem.

Speaking on the partnership with Microsoft, product marketing manager at Buidler.ai Abhishek Srivastava said,

For Builder, it’s imperative to be on the cutting edge of technology and thereby provide the best possible services available on multi-cloud platforms to our customers. The Microsoft partnership opens up new routes into the market for us to address the ever-growing demand for digital transformation.

This partnership is more relevant than ever in the post-COVID-19 world. All in all, we are pleased and humbled by the confidence Microsoft has shown in our vision of the global technology market by granting us the Tier 1 Partner Status.”

Also speaking on its collaboration with Builder.ai, Corporate Vice President, Business Development at Microsoft Jon Tinter said,

Our collaboration with Builder.ai is an extension of our mission to empower every person and every organization on the planet to achieve more. Our new deeper collaboration fuelled by Azure AI will bring the combined power of both companies to businesses around the world”.

The partnership includes the integration across Azure OpenAI service and other Azure Cognitive Services with Builder.ai’s software assembly line and the adoption of Microsoft Cloud and Artificial Intelligence (AI).

Also, Builder.ai is now authorized to resell all of Microsoft’s cloud offerings. This includes both Microsoft Azure and SaaS offerings like 0365, D365, and M365.  The software company also plans to integrate Microsoft services into its overall offerings to help users cloud better.

This collaboration for Builder.ai is centered around alignment with its core mission to help businesses and beyond become digitally inclined. Founded in 2012, Builder.ai is an AI-powered composable Software next-generation app development platform for every idea and company on the planet.

The platform along with human-assisted AI helps enterprises, small businesses, and entrepreneurs to build, run, and scale their software without requiring technical expertise and any lines of code. Its mission is to make it easy for users/ businesses to build the software they need.

The software company keeps users’ software fresh forever. With Studio One, they take care of all the bugs, fixes, and third-party updates so that they can focus on what really matters in growing their business. Also, the company’s product experts are with users every step of the way to help them project and manage their custom app.

Polygon’s Network Thrives, but Tradecurve Presale Steals the Spotlight

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As Polygon’s network continues to grow, attracting partnerships and fostering innovation, its token, MATIC, has yet to catch up with the ecosystem’s success. Despite the network’s impressive metrics, such as over 340,000 active users and $1.1 billion locked in DeFi protocols, the MATIC token’s performance has been relatively sluggish.

On the other hand, Tradecurve ($TCRV) is enjoying massive acceptance, garnering significant interest during its presale phase. In this complex landscape, Polygon remains focused on its core mission—business, building, and onboarding—while investors keep a close eye on the evolving token landscape.

>>BUY TCRV TOKENS NOW<<

Why is Polygon MATIC underperforming?

Polygon’s MATIC token has been underperforming despite the network’s impressive growth and positive metrics. Several factors could be contributing to this underperformance:

  1. Market Capitalization: With a market capitalization of around $10 billion, Polygon is already a top 10 cryptocurrency based on market cap. This means that the token has already undergone its price discovery phase, and there might be limited room for growth compared to smaller, newer projects.
  2. Price discovery and growth cycle: MATIC experienced a significant growth cycle in 2021, when it climbed from $0.04 to a high of $2.59 by May. After reaching an all-time high near $3 at the start of 2022, the token’s growth might have reached a plateau, as is common with many cryptocurrencies after rapid growth periods.
  3. Focus on network development: The Polygon team’s primary focus is on building and expanding the network, rather than promoting the token. As a result, the token’s price might not be a primary concern for the team, which could affect the token’s performance in the market.

MATIC’s underperformance can be attributed to a combination of factors, including market capitalization, previous growth cycles, the team’s focus on network development, market sentiment, competition, and the token’s utility.

>>BUY TCRV TOKENS NOW<<

Tradecurve enjoys massive acceptance

Introducing Tradecurve ($TCRV), the next game-changer in the cryptocurrency world! With its groundbreaking technology and unparalleled features, this revolutionary digital asset is set to take the market by storm.

Tradecurve is launching a new hybrid trading platform that will enable users to trade a broad range of assets from one singular account. Users will be able to trade stocks, crypto and commodities by simply connecting their DeFi wallet and selecting which asset they wish to trade, whilst not revealing their identity and holding their own encryption keys.

The Tradecurve presale is your golden ticket to invest in this extraordinary project at an incredibly attractive price of $0.01. With its strategic and competitive pricing, $TCRV is poised to deliver unmatched returns on investment as the platform gains widespread adoption.

Exceptional Benefits of Tradecurve: Tradecurve’s massive acceptance and soaring popularity stem from the plethora of unparalleled benefits it offers to its users:

  1. Unrivaled Scalability and Speed: Say goodbye to network congestion and slow transactions Tradecurve’s cutting-edge infrastructure is designed to effortlessly scale and process transactions at lightning-fast speeds, setting a new benchmark in the industry.
  2. Fortified Security: Sleep easy, knowing that your assets and data are protected by the most advanced security measures in the Tradecurve ecosystem.
  3. Intuitive User Interface: Embrace a seamless trading experience with Tradecurve’s user-friendly platform, catering to both seasoned traders and beginners alike.
  4. Ultra-low Fees: Enjoy minimal transaction costs with Tradecurve, designed to maximize your profits and minimize your expenses.
  5. Robust Trading Ecosystem: Discover endless opportunities to diversify your portfolio with Tradecurve’s extensive range of digital assets and trading pairs, all on a single, comprehensive platform.

With its unmatched scalability, speed, security, and user experience, Tradecurve is destined to disrupt the market and deliver incredible returns for early investors. Take action today – join the presale and ride the wave of success with Tradecurve ($TCRV)!

For more information about Tradecurve (TCRV), visit the links below:

Buy presale: https://app.tradecurve.io/sign-up

Website: https://tradecurve.io/

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official